Vantor Perpetuals
Cross-margin perpetuals on Solana.
A cross-margined perpetual futures program. Users hold a margin account across markets; liquidators close unhealthy accounts and an insurance fund covers bad debt.
- Ecosystem
- Solana
- Category
- Derivatives
- Languages
- Rust (Anchor)
- Launched
- Jan 2026
Grade B · Elevated risk
Elevated risk; material weaknesses identified.
+0.3 since Jan 2026 · ±0.0 since Jul 2026
Quantix Protocol Research · as of 24 Oct 2026 · About this data
Risk Index
How the score is built
| Component | Weight | Value | Points | Gap |
|---|---|---|---|---|
| Code Security | 30% | 66 | 19.8 | −10.2 |
| Operational Security | 20% | 64 | 12.8 | −7.2 |
| Governance Risk | 15% | 64 | 9.6 | −5.4 |
| Economic Security | 15% | 66 | 9.9 | −5.1 |
| Infrastructure Resilience | 10% | 72 | 7.2 | −2.8 |
| Transparency | 10% | 70 | 7.0 | −3.0 |
| Quantix Risk Index | 100% | 66.3 | −33.7 |
| Component | Vantor Perpetuals |
|---|---|
| Code | 66 |
| Operational | 64 |
| Governance | 64 |
| Economic | 66 |
| Infrastructure | 72 |
| Transparency | 70 |
Grade scale
- AAA90–100
- AA85–89.9
- A80–84.9
- BBB75–79.9
- BB70–74.9
- B65–69.9
- CCC60–64.9
- CC55–59.9
- C50–54.9
- D0–49.9
Score history
10 monthly snapshots
| Period | Quantix Risk Index |
|---|---|
| Jan ’26 | 66.0 |
| Feb ’26 | 66.0 |
| Mar ’26 | 66.0 |
| Apr ’26 | 66.0 |
| May ’26 | 66.0 |
| Jun ’26 | 66.3 |
| Jul ’26 | 66.3 |
| Aug ’26 | 66.3 |
| Sep ’26 | 66.3 |
| Oct ’26 | 66.3 |
19 Jun 2026
Economic
Insurance fund top-up
Protocol revenue redirected to the insurance fund.
- Economic Security+2
Risk factors
HighEconomic SecurityProfile analysis
Cross-margin liquidation cascades
Losses in one market reduce margin for all positions, which can trigger cascading liquidations.
MediumInfrastructure ResilienceProfile analysis
Unchecked price confidence
Using prices without their confidence interval allows trading against wide, unreliable quotes.
Recommendations
Economic Security: 66 → 74
Scale margin with position size
Increase maintenance margin for large positions.
+1.2
→ 67.5
Infrastructure Resilience: 72 → 78
Confidence-interval checks
Reject or widen margin when confidence exceeds a bound.
+0.6
→ 66.9
Analysis
Contract, governance and operations
Contract analysis
- Source
- Partially verified
- Upgradeability
- Program upgrade authority
- Administrative control
- 2-of-3 multisig, no delay
- Enforced delay
- None identified
- External dependencies
- One price account per market; Liquidator bots
- CautionVerifiable build. Older program versions lack reproducible builds.
- FailPrice confidence. Price confidence intervals are not checked.
- CautionInsurance fund. Fund size small relative to open interest.
Governance exposure
High
A 2-of-3 multisig can upgrade the program immediately.
Operational resilience
Adequate
Liquidations depend on external bots; no public incident process.
Monitoring
Monitoring history
- 6 May 2026HighInsurance fund outflow of 3.1% in one hourWhale Activity · Insurance fundResolved
Research assessment
No Quantix assessment of Vantor Perpetuals has been published. Its security findings are represented by the contract-analysis signals above: 1 failed and 2 cautionary.
Research
Relevant research
Architecture
System components
- vantor program
- Margin accounts, orders and settlement
- Market PDAs
- Per-market state and funding
- Insurance fund
- Covers bad debt
Turn risk factors into a remediation plan.
A research assessment traces each weakness to code, configuration or process, and verifies the fix before the score moves.